Associate, Treasury

Copia Power•Salt Lake, UT
•Hybrid

About The Position

Copia Power is seeking an Associate, Treasury to support its renewable energy, storage, thermal generation, and data center project pipeline. The role focuses on liquidity and collateral forecasting, letters of credit and surety bonds, credit facilities, treasury reporting, and treasury technology. The Associate will work as an individual contributor with accounting, finance, EPC, development, and legal teams, and report directly to the Senior Manager, Treasury & Tax. The position requires experience in corporate treasury and energy project finance, advanced Excel and financial modeling skills, and the ability to work effectively across teams and external counterparties. The employee must be able to work from Copia’s Salt Lake City office at least three days per week and travel up to 25%. Applicants must be authorized to work in the United States without employer sponsorship.

Requirements

  • At least 3 years of corporate treasury experience at a renewable developer or independent power producer (IPP).
  • Bachelor’s degree in finance, accounting, economics, or a related field.
  • Advanced Excel and financial modeling skills.
  • Demonstrated experience with cash forecasting, letters of credit and surety bonds, and project finance structures such as construction loans, term loans, and tax equity.
  • Familiarity with credit agreements, reporting requirements, and cash waterfalls.
  • Working knowledge of U.S. GAAP as it applies to cash, debt, and collateral, as well as treasury internal controls and bank KYC requirements.
  • Proficiency with Microsoft Office, including advanced PowerPoint and Excel skills.
  • Ability to work in the Salt Lake City, Utah office at least three days per week.
  • Ability to travel up to 25%.
  • Authorization to work in the United States without employer sponsorship.
  • Ability to work effectively in a rapidly changing organization and build collaborative partnerships with peers, management, and vendors.
  • Ability to identify and solve business problems by connecting information and isolating trends and issues.
  • Knowledge of renewable and thermal energy project development, interconnection, and power markets.
  • Ownership mindset and ability to drive deliverables to completion across multiple teams and external counterparties.
  • Excellent oral and written communication skills, including presenting analysis and recommendations to senior leadership.
  • Resourcefulness and polite persistence.

Nice To Haves

  • Certified Treasury Professional (CTP) certification.
  • Exposure to collateral management, margining, commodity hedging, interest rate swaps and ISDA documentation, or credit facility administration.
  • Experience with Power BI, treasury management systems, or process automation tools.

Responsibilities

  • Own the rolling 180-day liquidity forecast and scenario modeling.
  • Run the weekly 13-week cash flow process, including variance analysis.
  • Forecast letter-of-credit and bond needs across the project pipeline, coordinating with Development and Transmission on interconnection milestones and with Energy Markets on offtake and gas supply.
  • Manage letters of credit and surety bonds from issuance through amendment, tracking, and release.
  • Support corporate revolver borrowings, compliance, and lender reporting; track commitments and available capacity across facilities.
  • Support interest rate swap administration, including settlement validation and coordination with Capital Markets and Accounting on quarterly cash flows.
  • Monitor credit ratings and exposure for bank and financial counterparties.
  • Recommend investments of excess cash within Copia’s guidelines.
  • Track share of wallet and bank fees across Copia’s banking group to support bank relationship management.
  • Manage bank account openings, closings, KYC, and signatory updates across corporate and project entities.
  • Prepare monthly and quarterly treasury reports for senior leadership and Copia’s sponsor.
  • Lead evaluation of treasury management systems and develop a roadmap for treasury technology and automation.
  • Document treasury processes and controls and lead Treasury’s responses to audit and diligence requests.
  • Serve as first-level reviewer of Treasury Analyst work, including payment runs and withdrawal certificates.

Benefits

  • Medical, dental, and vision coverage with no premiums.
  • Company contribution to 401(k) plans.
  • Annual bonus eligibility.
  • Flexible work hours.
  • Unlimited paid time off.
  • Paid holidays.
  • Wellness and cell phone credits.
  • Life and AD&D insurance.
  • Employee Resource Groups (ERGs).
  • Professional development opportunities.
  • The role may also be eligible for performance bonuses and other perks.
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